External reports (aggregated public sources), Value Investors Club

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External reports (aggregated public sources)

Equity Bottom-Up

Seritage Growth Properties / Equity Bottom-Up

<ul><li>Seritage Growth Properties entered liquidation in March 2022</li><li>Company has sold 87% of its portfolio, using proceeds to reduce debt significantly</li><li>Unsold assets estimated to be worth between $500 - $750 million, making preferred repayment likely and securities potentially generating a 34% return in one year</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Seritage Growth Properties entered liquidation in March 2022Company has sold 87% of its portfolio, using proceeds to reduce debt significantlyUnsold assets estimated to be worth between $500 - $750 million, making preferred repayment likely and securities potentially generating a 34% return in one yearThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Seritage Growth Properties (SRG.PA) - Friday, Aug 2, 2024